WallStSmart

Coeur Mining Inc (CDE)vsFranco-Nevada Corporation (FNV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Coeur Mining Inc generates 15% more annual revenue ($2.07B vs $1.80B). FNV leads profitability with a 61.6% profit margin vs 28.3%. CDE appears more attractively valued with a PEG of 3.75. CDE earns a higher WallStSmart Score of 74/100 (B).

CDE

Strong Buy

74

out of 100

Grade: B

Growth: 8.0Profit: 9.5Value: 7.3Quality: 3.8
Piotroski: 3/9Altman Z: 0.65

FNV

Strong Buy

68

out of 100

Grade: B-

Growth: 9.3Profit: 9.0Value: 6.0Quality: 9.0
Piotroski: 4/9Altman Z: 12.18
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CDEUndervalued (+48.1%)

Margin of Safety

+48.1%

Fair Value

$44.46

Current Price

$17.84

$26.62 discount

UndervaluedFair: $44.46Overvalued
FNVUndervalued (+6.0%)

Margin of Safety

+6.0%

Fair Value

$274.25

Current Price

$233.67

$40.58 discount

UndervaluedFair: $274.25Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CDE4 strengths · Avg: 9.5/10
Operating MarginProfitability
50.6%10/10

Strong operational efficiency at 50.6%

Revenue GrowthGrowth
120.9%10/10

Revenue surging 120.9% year-over-year

Return on EquityProfitability
26.4%9/10

Every $100 of equity generates 26 in profit

Profit MarginProfitability
28.3%9/10

Keeps 28 of every $100 in revenue as profit

FNV6 strengths · Avg: 10.0/10
Profit MarginProfitability
61.6%10/10

Keeps 62 of every $100 in revenue as profit

Operating MarginProfitability
76.1%10/10

Strong operational efficiency at 76.1%

Revenue GrowthGrowth
85.8%10/10

Revenue surging 85.8% year-over-year

EPS GrowthGrowth
108.8%10/10

Earnings expanding 108.8% YoY

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
12.1810/10

Safe zone — low bankruptcy risk

Areas to Watch

CDE4 concerns · Avg: 2.8/10
EPS GrowthGrowth
2.5%4/10

2.5% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
3.752/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.652/10

Distress zone — elevated risk

FNV3 concerns · Avg: 2.7/10
P/E RatioValuation
39.4x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
11.812/10

Expensive relative to growth rate

Free Cash FlowQuality
$-1.73B2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : CDE

The strongest argument for CDE centers on Operating Margin, Revenue Growth, Return on Equity. Profitability is solid with margins at 28.3% and operating margin at 50.6%. Revenue growth of 120.9% demonstrates continued momentum.

Bull Case : FNV

The strongest argument for FNV centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 61.6% and operating margin at 76.1%. Revenue growth of 85.8% demonstrates continued momentum.

Bear Case : CDE

The primary concerns for CDE are EPS Growth, Piotroski F-Score, PEG Ratio.

Bear Case : FNV

The primary concerns for FNV are P/E Ratio, PEG Ratio, Free Cash Flow.

Key Dynamics to Monitor

CDE carries more volatility with a beta of 1.19 — expect wider price swings.

CDE is growing revenue faster at 120.9% — sustainability is the question.

CDE generates stronger free cash flow (313M), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

CDE scores higher overall (74/100 vs 68/100), backed by strong 28.3% margins and 120.9% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Coeur Mining Inc

BASIC MATERIALS · GOLD · USA

Coeur Mining, Inc. explores, develops, produces and sells precious metals in the United States, Canada and Mexico. The company is headquartered in Chicago, Illinois.

Franco-Nevada Corporation

BASIC MATERIALS · GOLD · USA

Franco-Nevada Corporation is a gold-focused royalty and flow company in the United States, Latin America, Canada, Australia, Europe and Africa, and internationally. The company is headquartered in Toronto, Canada.

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